Settings and activity
11 results found
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12 votes
Jun Zhao
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33 votesJun Zhao
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9 votesJun Zhao
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20 votesJun Zhao
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14 votes
An error occurred while saving the comment Jun Zhao
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100 votes
An error occurred while saving the comment Jun Zhao
commented
It would be helpful to have "Second Element of Cost" for existing fixed assets -
Purpose: to enable either "Additional Cost" or "Discount" to be added into existing Registered Assets.
From accounting/bookkeeping perspective, this additional cost/discount should *not* impact the depreciation in past periods (ie Past Depreciation Amount is supposed to be locked once a financial period is closed. A separate journal can be created in order to reflect/catch up the changes in GL)
Jun Zhao
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241 votesJun Zhao
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9 votesJun Zhao
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284 votes
Hi everyone, thanks for sharing your support for part disposal of Fixed Assets in Xero. Being transparent - current work for the team requires focus on upgrades to Fixed Asset technology.
However, we’re thinking of what comes next and partial disposal of an asset figures strongly in this. Please continue to detail your particular use cases here in Product Ideas.
As we continue forming the future of Fixed Assets in Xero insights from Product Ideas here will feed into the team's plans.Jun Zhao
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55 votes
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93 votes
Ideally there should be a way to input Second Element of an asset - so Grants/Discounts received from assets purchase are recorded properly